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- H.R.2056
H.R.2056: To instruct the Inspector General of the Federal Deposit Insurance Corporation to study the impact of insured depository institution failures, and for other purposes.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced May 31, 2011
- Latest Major Action Jan. 3, 2012
Bill Sponsor
Bill Cosponsors
13 (4 Democrats, 9 Republicans)
Bill Summary
(Sec. 1) Directs the Inspector General (IG) of the Federal Deposit Insurance Corporation (FDIC) to study the impact of the failure of insured depository institutions. Prescribes study details, including: (1) the impact of loss-sharing agreements (LSAs) upon the insured depository institutions that survive and the borrowers of those insured depository institutions that fail; (2) FDIC policies and procedures for monitoring LSAs, including those...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
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Referred to the House Committee on Financial Services.
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Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Committee Consideration and Mark-up Session Held.
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Ordered to be Reported (Amended) by Voice Vote.
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Subcommittee on Financial Institutions and Consumer Credit Discharged.
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Reported (Amended) by the Committee on Financial Services. H. Rept. 112-182.
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Placed on the Union Calendar, Calendar No. 120.
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Mr. Westmoreland moved to suspend the rules and pass the bill, as amended.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 2056.
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At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Westmoreland objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
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Considered as unfinished business.
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On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
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Measure laid before Senate by unanimous consent.
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Passed Senate with amendments by Unanimous Consent.
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Message on Senate action sent to the House.
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Mr. Westmoreland moved that the House suspend the rules and agree to the Senate amendments.
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DEBATE - The House proceeded with forty minutes of debate on agreeing to the Senate amendments to H.R. 2056.
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At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Westmoreland objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
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Considered as unfinished business.
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On motion that the House suspend the rules and agree to the Senate amendments Agreed to by voice vote.
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Motion to reconsider laid on the table Agreed to without objection.
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Presented to President.
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Signed by President.
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Became Public Law No: 112-88.
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| May 31, 2011 |
Introduced in the House by Lynn Westmoreland (R-Ga.) |